Selected for the Terner Labs Housing Venture Lab

1220 Nora Ln, Kingsland, TX 78639

Active
Listed 156 days ago
Owner-Occupant Eligible
$995,000

About $3,368 a month to live here, after the rent from the other homes.

Quadplex1,972 sqft8 beds6 bathsListed Jun 9, 2026

A fourplex. Live in one home and rent out the other three. How it works

Live here for about

$3,368a month

The other homes rent for $3,600. We hold back $540 of that for repairs and an empty month, and the rest goes toward a $6,428 monthly payment.

Income to qualify: about $147,000 a year

With how much down?

At 20% down ($199,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $130,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$49,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Hardie siding designed for long-term, low-maintenance performance establishes the exterior quality of this investment opportunity located in Kingsland, just minutes from Lake LBJ and the Kingsland Slab. This turnkey portfolio consists of three duplexes built in 2022 and one single-family residence fully renovated in 2022. The entire property is 100% occupied, serving as an exceptional income-producing investment that generates consistent rental income within the Texas Hill Country. Inside the duplexes, each unit features luxury vinyl plank flooring and quartz countertops. These duplexes offer approximately 2,000 square feet of space divided into two spacious 2-bedroom, 1.5-bath units. The single-family home provides additional rental flexibility, spanning just under 2,000 square feet with 2 bedrooms and 2 bathrooms. All properties are serviced by KMUD sewer, Kingsland Water, CTEC electric, and Vyve high-speed internet. Outdoor areas include private backyards for the duplex units along with ample parking on the property. Situated on a 0.36-acre lot, the property benefits from a low 1.23% tax rate and is located within the Llano Independent School District, which holds an "A" accountability rating. Acquire a stabilized, cash-flowing asset with immediate income and long-term upside in a highly desirable lake community. Contact us today to explore this rare portfolio offering.

Quadplex

Property Type

60,984 sqft

Lot Size

2022

Year Built

Listing Date: 06/09/2026

Listed by: Dana Yarter

Listing office: RE/MAX of Marble Falls

Contact: (830) 798-1443

Source: Unlock MLS #ACT4123608

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$995,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$995,000
Your Down Payment$199,000
Financed$796,000
Estimated Monthly Payment$6,428

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($199,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$6,428/month
Principal + Interest
$4,772
Property Taxes
$1,376
Home Insurance
$280
Rental Income (3 Units)
$3,600/month

From leases in place.

Rental Expenses
-$540
Cost to live here
$3,368/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

Unlock MLS logo

MLS# ACT4123608 · Listing office: RE/MAX of Marble Falls

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.